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Stock Transfer Form
What is a stock transfer form and when should you use it?
A stock transfer form is a legal document used to officially transfer ownership of shares in a company from one person or entity to another.
It’s essentially a record of the sale or gift of shares and ensures the new owner is officially recognized as the shareholder.
It serves as proof of the transfer and is a key document in the share transfer process.
The Share Transfer begins with the completion and signing of the Stock Transfer Form by the current Shareholder (Transferor), detailing the transfer to the new Shareholder (Transferee).
The Stock Transfer Form should specify the consideration, the description and number of securities, the Transferor by whom the transfer is made, and the name and address of the Transferee.
If the shares are not fully paid, the Transferee’s signature is required to acknowledge the associated liabilities.
Additionally, if the consideration for the shares exceeds €1,000, the form requires stamp duty payment at 1% paid.
Once completed, the Stock Transfer Form, accompanied by the original Share Certificates, should be forwarded to the company for registration.
For more detail on the share transfer process check out out our step by step guide to share transfers
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